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Search Results 0 to 49 of about 245 (some duplicates have been removed)
to pay taxes, we should not be using taxes to reward people who fail. we should be using them to reward people that want to work. everybody in this country should succeed, not just people in government. host: president obama gave an address yesterday talking about how congress should act to keep taxes low. let's take a listen. >> 97% of small-business owners will not see their taxes go up next year. this is something everybody says they agree on. it should have gotten done months ago. republicans in congress are standing in the way. there are holding tax cuts for 98% of americans hostage until they pass tax cuts for of the richest 2%. congress needs to step up and provide every responsible homeowner a chance to save $3,000 a year on mortgage at refinancing at lower rates. i give them a plan to do that in february. it is a plan that has the support of independent nonpartisan economists. republicans will not let it come to a vote. ask them how that helps homeowners. congress needs to step up and pass my plan to create a job corps to help our returning heroes find jobs as cops, firefighter
wants to give tax cuts to the wealthy and to voucherrize medicare. romney will say he is the defender of the middle class. one thing both sides say this, could get heated tonight. >> we go to jim lehrer of pbs, moderating this debate. >> jim: i'm jim lehrer. i welcome you to the first of the 2012 presidential debates, between president barack obama, the democratic nominee, and former massachusetts governor, mitt romney, the republican nominee. this debate and the next three, two presidential, one vice-presidential, are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15-mute segments, with two-minute answers for the first question. then open discussion for the remainder of each segment. thousands of people offered suggestions on segment subjects or questions via the internet and other means. but i made the final selections. and for the record, they were not submitted for approval to the commission or the candidates. the segments, as i announced in advan
the subject. i think he had had enough talking about taxes and debt. how much of it is just not true? there was one moment when they were talking about how only 3% of the business owners would be affected, but governor romney came back and pointed out that they are the ones who create most of the jobs. i think tonight was an important moment. i think for the first time, the american people saw these two men standing next to each other. they saw a dramatic difference between someone based on realistic ideas and a president who's in towercam pay is based on rhetoric and myth. >> the facts or on his side. the president could not justify his position. the first the minutes were painful to watch. the president kept going are around and around on the tax issue. the governor was ready. muncie realized he had run out of a tax and things to say that were not true, he wants to change the subject. he turned to the moderator and said maybe we should move on to something else pyrrhic he was clearly uncomfortable discussing the debt and the economy. greg will we see a jump in the polls for mr. rom
and your taxes. >> unlike president obama, i will not raise tax on the middle class of america. >> i want to reform the tax code so it's simple, fair. >> the candidates' opinions couldn't be more different and the stakes couldn't be higher. >> their philosophy is if you don't are health insurance, don't get sick. >> now is the moment we can do something. and with your help, we will do something. >> cnbc's coverage of the first presidential debate of the 2012 presidential election begins now. >> tonight some of the most influential figures in the nation on the economy join us here on cnbc. >> we've got representative and hopeful ron paul with us. texas, from texas. he is of course outspoken about the federal reserve policies. robert reich is here with us tonight. also with us grover norquist. the man behind the no new taxes pledge so many republicans made. and bob lutz a former top auto executive. the auto bailout expected to be a big topic tonight. and we've got president of the aflcio. unions of course a major constituency. and roger altman. as you can see the lineup card is full. going
is not where we've been but where we're going. governor romney has a perspective that says if we cut taxes, skewed toward the wealthy, and roll back regulations that we'll be better off. i've got a different view. i think we've got to invest in education and training. i think it's important for us to develop new sources of energy here in america. that we change our tax code to make sure that we're helping small businesses and companies that are investing here in the united states. that we take some of the money that we're saving as we wind down two wars to rebuild america. and that we reduce our deficit in a balanced way that allows us to make these critical investments. now, it ultimately is going to be up to the voters, to you, which path we should take. are we going to double down on the top-down economic policies that helped to get us into this mess, or do we embrace a new economic patriotism that says america does best when the middle class does best in and i'm looking forward to having that debate. >> governor romney, two minutes. >> thank you, jim. it's an honor to be here with you.
a president passing a tax rate on small businesses above 40%. that one tax only pays for 8% of his proposed deficit spending. so this idea, look, overseas, which where i come from means lake superior. we both live near canada, right? the canadians have this figured out. the canadians lowered their taxes to 15%. president obama wants to tax our successful small businesses to go above 40%? when we tax our job creators at much higher tax rates than our foreign competitors tax theirs, they win, we lose. we have to get right with the idea that our jobs come from successful small businesses. we don't want to tax them more, we don't want to regulate them more, we want them to hire more. that is essential. [applause] and none of this is going to work. no business is going to be confident to take that risk to hire people, to advance people, to give people promotions and raises and job security if they see their government borrowing and spending like it is. we can't keep borrowing 36 cents of every dollar our government spends. we can't keep the federal reserve doing what it's doing. we cannot keep l
program without paying one penny for it. they added another trillion dollars in tax cuts for the wealthy. what was the result. ? these are the facts. the result was by the time the rain that turned back over to barack obama and me, they had doubled the national debt in 8 years. the fourth, fifth, or six days we were in office, we were sitting in the oval office at sunset, mr. president, looking at his year's budget you are going to have a trillion dollars deficit. he said, i have not done anything yet. [laughter] he said, no mr. president, the budget they passed guarantees no matter what you do, you will have a trillion dollar debt this year in the budget. a trillion dollar deficit, to be precise. these guys talk about the national debt. what date did generated the -- what they did generate -- generated the jobs since world war ii. it gave us this great recession. what they have not told us is what they are willing to do about it. we laid out a $4 trillion debt reduction plan over next 10 years. we have already passed $1 trillion of it. these guys voted against everything. not only did t
. and he was caught in a lie today about his secret tax returns. >>> and in voter suppression news, a big win for voters in a pennsylvania courtroom today. and in the rewrite, the only way mitt romney can win the debate, it was all laid out for him by the best republican presidential debater ever, who was of course a fictional character in the t.v. series olaf's pizza palace gets the most rewards of any small business credit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car insurance quote. now express lane finds your driving info with just
knows taxes are due on april 15. we set up tax centers on the base three months prior and we take active duty military personnel off their regular duties and they go in and assist people with their taxes. you have people assisting with federal and state taxes. we provide nothing of the sort for voting registration. the move act was supposed to get offices set up on the basis. everybody could have gone in to check in with that voting assistance officer. that has never been in place while we were on active duty. we don't want a stack of voter registration ballots sitting on a counter somewhere. we want them to physically go in and say whether they want to register or not. this is the only way we can track it and find out if it is sure apathy which i find hard to believe. or is it just not having access? host: there is a project called a military voter protection project and they compared 2008 ballot requests and 2012 ballot requests and looking at key states, they thought there was a great difference as far bell requests. do you believe there is a significant difference? guest: this is hor
that says, if we cut taxes, skew toward the wealthy, and roll back regulations we will be better off. i have a different view. i think we have to invest in education and training. i think it is important for us to develop new sources of energy here in america, that we change our tax code to make sure we are helping small businesses and companies here in the united states. that we take some of the money we are saving as we wind down two wars to rebuild america, and that we reduce our deficit in a way that makes us ablet -- that makes it able for us to create critical investments. it is up to you. are we going to go from the top down, which is what got us into this mess, or do we embrace the new economic patriotism that says america does best when the middle class does best? i'm looking forward to having that debate. >> governor romney. >> thank you, jim. i appreciate the chance to be with the president. appreciate the university of denver and their welcome. congratulations to you, mr. president, on your anniversary. i am sure this is the most dramatic place you could imagine, here with me. so
team coverage tonight. jim angle has a fact check on last night's most heated issue, tax policy. ed henry has the obama campaign reaction. and we begin with carl cameron on the first debate. good evening, carl. >> hi, brett. the romney campaign could hardly be more excited about what happened last night. in fact, since the debate ended, they say they've been getting two donations per second as a measure of mitt romney's success the morning after is general election debate debut against the president, mitt romney made a surprise appearance to a thrilled and leaved audience of conservatives. >> last night i thought was a great opportunity for the american people to see two very different visions for the country. >> he reiterated a new attack. >> trickle down government that the president proposes is one where he will raise taxes on small business, which will kill jobs. i instead want to keep taxes down on small business so we can create jobs. >> romney awoke to rave reviews across the country and democrats admit he delivered. >> virtually everything you said about my tax plan is inacc
taxes on people at the high end of the income scale apreposterous. i think you would agree. obviously if the republicans get into power they are going to cut taxes at the high income and he got on stage tonight and said no. >> romney's problem is that this debate is in 2012, not 1812. we have things we can hit a button to show what he has said before. no doubt mitt romney was at his best tonight but his best is not good enough. when you look at the fact that he's saying that taxes will not go up on the middle class, yet he is proposing all the way through this campaign, dealing with deductions in terms of mortgage investments, dealing with deductions in terms of charity, it will in fact go up on the middle class and a much lower tax rate for the rich. the fact will not bear him out. when he stood there all night advocating states' rights across the board, what is that saying to women about who is going to decide on women's issues? what is that saying to minorities t immigration? this man went back to the 19th century on states' rights all night long. when we hear him talk about things
running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy, the fellow on stage last night said he didn't know anything about that. >> last night i thought was a great opportunity for the american people to see two very din visions for the country. and i think it was helpful to be able to describe those visions. i saw the president's vision as trickle down government and i don't think that's what america believes in. >> overnight polls and "the denver post" give round one to romney. as a republican challenger went after the president's record. >> i just don't know how the president could have come into office, facing 23 million people out of work, rising unemployment, and economic crisis at the kitchen table, and spent his energy and passion for two years fighting for obama care instead of fighting for jobs for the american people. >> the president faulted romney for being too vague. >> at some point, i think the american people have to ask themselves, is the reason that governor romney is keeping all of these plans to replace secret because
you're in the position to buy your business, you needed a tax cut then. i want to make sure the plumber, said the nurse, the firefighter, it the teacher, the young entrepreneur who does not have money, i want to give them a tax break now. not only did 98% of small businesses like less than to under $50,000. i also want to give them additional tax breaks because they are the drivers of the economy. >> we need to spread the wealth around. in other words, we're going to take joseph money, give it to signature obama and let him spread the wealth around. the whole premise behind the plans are class warfare, but spread the wealth around. i want small businesses that would receive an increase in their taxes. why would you want to increase anybody's taxes right now? these people are going to create jobs unless you take that money for him and spread the wealth around. i am not going to do that. >> number one, i want to cut taxes for 90 5% of americans. it is sure my friend and supporter warren buffett could afford to pay a low tax. in order to give taxes. then exxon mobil which made
that he's going to close deductions and loopholes for his tax plan. that's how it's going to be paid for but we don't know the details. he says that he's going to replace dot frank, wall street reform, but we don't know exactly which ones. he won't tell us. he now says he's going to replace obama care. at some point i think the american people have to ask themselves, is the reason that governor romney is keeping all these plans to replace secret because they are too good? is it because somehow middle class families are going to benefit too much from them? >> let me bring in nick khristoff. let me read one of your many tweets last night, nick. obama is such a gifted speaker but tonight he seemed passive, distracted and defensive. what happened? >> i mean n a word, he blew it. it is not the same as blowing a campaign. i think part of it was expectations and romney did much better than expectations. but beyond that, he let romney get away with accusing him of being the one who is undecided on big banks, on being the one who would let people lose their health insurance, of being the one
could be accurate or not. what is the person saying there should not be a millionaire tax or should be. who is the special interest dominating that message point coming out and how does the voter get through it? i think one the most amazing thicks happening in the country when you look at the president number heys doing well. what's fascinated about the amount of money being spent by the cross roads and the entity for some reason the message is not coming through it's not compel fpg you look at the swing states that we were going to be remarkably close are going to trend toward tbhawm a way that somebody thinks to seem unless the debate set the presidential election. it's clear the spt heading toward a environment he has a advantage. romney is going to be exceptional. >> tune in. >> fiewn in and watch. let watch. >> i'm excited. >> talk about in next week in class. >> would you taunt the cross road different and you engage in more localized races congressional and senate how you choose your priorities since so you have a broader scope. >> yeah. that's a good question. we're focused on
, for that matter, those two. to finance a big across the board tax cut but not tell us how. not what big across the board deductions he'll deny people in order to pay for it or even what taxes he's been paying himself over the years. or how he'll finance all those popular things in the president's health care plan once he kills the plan itself. lots of secrets. secrets because he himself has no earthly idea what the answers are. i'm joined by democratic strategist bob shrum and salon's joan walsh. first, however, we have two new national polls on the presidential race. let's check the "hardball" scoreboard. according to a new "washington post"/abc news poll, president obama has a two-point lead holding there, 49%/47%. same score in the new politico poll. obama by two, 49%/47%. "the new york times" this weekend reported on the two campaigns' ongoing debate preps. here is what they said about romney's prep. quote, mr. romney's team has concluded that the debates are about creating moments and has equipped him with a series of zingers he's memorized and has been practicing on aides since august. b
tax returns. >>> and in voter suppression news, a big win for voters in a pennsylvania courtroom today. and in the rewrite, the only way mitt romney can win the debate, it was all laid out for him by the best republican presidential debater ever, who was of course a fictional character in the t.v. series "the west wing." nd.. ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. to start her own interior design business. she's got a growing list of clients she keeps in touch with using e-mail marketing from constantcontact.com. constantcontact is easy and affordable. it lets her send out updates and photos that showcase her expertise and inspire her customers for only $15 a month. [ dog barking ] her dream -- to be the area's hottest interior design office. [ children laughing ] right now, she just dreams of an office. get a free trial at constantcontact.com. most paints have color that sits on the su
freedom. trickle down government that the president proposes is one where he will raise taxes on small business which will kill jobs. i, steady, want to keep taxes down to create jobs. >>reporter: sunday morning chris christie thought the campaign would be turned on his head and got flak but chris christie was right. >>trace: the romney campaign is portraying the race as a very stark choice between the two candidates. >>reporter: highlight the differences. they got help from moderator jim lehrer who said several times we are very clear that there are very stark differences between the two of you. governor romney tried to make this a referendum on obama but that was not going anywhere so the big choice highlighting on the different issues from taxes to spending and the deficit. >> only in washington would you count $4 trillion of reduction when, in fact, the plan called for adding $1 trillion of debtry one of the next fur years. i think that is wrong. we should instead take a course represented by free democrat to get america to cap our funding, cut our spending and get us on track to a
are jobs. i will be the only candidate advocating eliminating income tax, corporate tax, abolishing the irs and replacing that with one federal consumption tax. i embrace the fair tax. i think that is the answer to jobs. if the private sector does not create tens of millions of jobs, i did not know what it will take to create tens of millions of jobs. it is the entry to china. i see manufacturing jobs flocking back to the united states. are you hearing these things from these other two guys? no. they are arguing over who will spend more money on medicare. romney said he wants to increase spending for the military and balance the budget. it doesn't add up. i guess we believe in santa claus and the easter bunny and i do not think they are coming. host: gary johnson is with us and will add a third line for third party voters. we will get to your calls in just a couple of moments. what is the strategy for the rest of the election? guest: right now there is a lot of attention that is being drawn to what it is that i am saying. i'm being recognized for being at 6% nationally. i'll ask you an obvi
Search Results 0 to 49 of about 245 (some duplicates have been removed)